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public void init()
{
add(welcome);
add(costKwhrLabel);
add(costKwhrField);
add(hoursPerYearLabel);
add(hoursPerYearField);
add(calcButton); // *This button prints on the same line as the previous line of code "add(hoursPerYearField)"*
calcButton.addActionListener(this);
add(outputLabel);
}

Re: Why wont the Button wrap?

The position of components in a container in your GUI is controlled by the layout manager.
Which layout manager are you using? It looks like the flow layout manager.
If you want to align components other than having them flow left to right and wrap at the end, you need to read up on layout managers and see which one will format your components the way you want them to appear.

You can get some changes by changing the width= attribute in the <APPLET tag.